For saleSingle family

$184,900

707 Irvine Ave NW

Bemidji MN 56601

3 beds, 1 bath, 1,360 sqft

707 Irvine Ave NW is a 3 beds, 1 bath, 1,360 sqft single family home for sale at $184,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,550/mo and returns $253/mo a month at a 8.2% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$1,550/mo
Monthly cash flow
$253/mo
Cap rate
8.2%
Cash-on-cash
8.2%
Max offer
$184,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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